In the first six months of 2019, fertilizer imports from countries in the region totaled $439 million, and purchases from Russian companies grew 29% over the same period in 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
During 2018, companies in Central American countries imported insecticides, herbicides and fungicides for $671 million, 3% less than they bought in 2017.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Companies in the region can submit their applications for new labels according to the new Central American Regulation on Pesticide Labeling until December 20, 2020.
The regulation amendment came into force at the end of 2018, and stipulates that after the authorities approve the changes to product labeling, companies will have one more year to exhaust the existence of previous labels in the market.
From January to June of this year, countries in the region imported insecticides, herbicides and fungicides for $343 million, 2% more than in the same period in 2017.
Figures from the information system of the Central American Insecticide, Herbicide and Fungicide Market, from the Trade Intelligence Area of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
The agricultural chemical union of Guatemala states that the illicit commercialization of fertilizers, insecticides and fungicides, represents about 12% of the local market.
In 2017, the total import value of insecticides, herbicides and fungicides in Central American countries totaled $689 million, registering a 3% increase with respect to 2016.
Figures from the information system on the Market for Insecticides, Herbicides and Fungicides in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Growth in demand for chemicals and good prices have led to an increase in the sector's exports, which reached $468 million in the first 9 months of 2011.
Growth of Guatemalan exports to other countries of the isthmus has been widespread, amounting to $2,091,000 at the end of the third quarter of 2011, which is 18.3% more than in the same period in 2010.
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